Legg Mason (Ireland) Manager Performance Evaluation

IE00BYWVKJ76 -- Ireland Fund  

USD 13.25  0.18  1.34%

The fund secures Beta (Market Risk) of 0.0 which conveys that the returns on MARKET and Legg Mason are completely uncorrelated. Even though it is essential to pay attention to Legg Mason MC price patterns, it is always good to be careful when utilizing equity historical price patterns. Macroaxis philosophy towards estimating future performance of any fund is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Legg Mason exposes twenty-one different technical indicators which can help you to evaluate its performance.
 Time Horizon     30 Days    Login   to change

Legg Mason MC Relative Risk vs. Return Landscape

If you would invest  1,359  in Legg Mason MC Jpn Abs Alpha M USD H on July 21, 2018 and sell it today you would lose (34.00)  from holding Legg Mason MC Jpn Abs Alpha M USD H or give up 2.5% of portfolio value over 30 days. Legg Mason MC Jpn Abs Alpha M USD H is generating negative expected returns and assumes 1.8331% volatility on return distribution over the 30 days horizon. Simply put, 16% of equities are less volatile than Legg Mason MC Jpn Abs Alpha M USD H and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming 30 trading days horizon, Legg Mason MC Jpn Abs Alpha M USD H is expected to under-perform the market. In addition to that, the company is 3.25 times more volatile than its market benchmark. It trades about -0.27 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.21 per unit of volatility.

Legg Mason Current Valuation

Not valued
August 20, 2018
13.25
Market Value
0.00
Real Value
Target Odds
  
0.00
Upside
Legg Mason is Unknown risk asset. Legg Mason MC last-minute Real Value cannot be determined due to lack of data. The latest price of Legg Mason MC is $13.25. Based on Macroaxis valuation methodology, the organization cannot be evaluated at this time. Macroaxis essentially forecasts value of Legg Mason MC from analyzing the organization technical indicators and Probability Of Bankruptcy. In general, we recommend to purchase undervalued stocks and to get rid of overvalued stocks since at some point entities prices and their ongoing real values will merge together.

Legg Mason Market Risk Analysis

Sharpe Ratio = -0.2683
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Legg Mason Relative Performance Indicators

Estimated Market Risk
 1.83
  actual daily
 
 84 %
of total potential
  
Expected Return
 -0.49
  actual daily
 
 1 %
of total potential
  
Risk-Adjusted Return
 -0.27
  actual daily
 
 1 %
of total potential
  
Based on monthly moving average Legg Mason is performing at about 0% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Legg Mason by adding it to a well-diversified portfolio.

Performance Rating

Legg Mason MC Jpn Abs Alpha M USD H Risk Adjusted Performance Analysis
0 

Risk-Adjusted Fund Performance

Over the last 30 days Legg Mason MC Jpn Abs Alpha M USD H has generated negative risk-adjusted returns adding no value to fund investors.

Legg Mason Alerts

Equity Alerts and Improvement Suggestions
Legg Mason MC generates negative expected return over the last 30 days
Please also check Risk vs Return Analysis. Please also try Watchlist Optimization module to optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm.